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Old 11-15-2005, 12:22 PM
Borodog Borodog is offline
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Join Date: Jan 2004
Location: North Carolina
Posts: 5
Default Re: The heat is on. Fox News special review

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Personally I think the status quo is pretty awesome. Oil, a product that almost everyone on the planet uses in large quantities, only costs $2.50 a gallon. How cool is that?

You know why we aren't using any alternative energy sources at the moment? It's because oil is cheap. When hydrogen fuel cells become cost effective, then people will use them. Same for wind, solar, whatever.

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nh

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No, it's not. The smalley's video or pdf transcript explains why. Energy supplies decreasing, energy demands increasing, china comming online, and all of our current technologies simply aren't scalable or able to provide cheap energy. Fuel cell problem = platinum. All of this has been covered before in much greater detail.

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It's clear that you know a lot about global warming and alternate energy technologies. But I think that your understanding of economics could use some work. If energy supplies are decreasing (which is unclear), and demand for energy is increasing (which it definitely is), then the price of energy will go up. The price will go up until the point where alternative energy sources become cost effective. When they become cost effective, they will be invested in, and their cost of production will eventually come down, until it is cheaper than it was before.

There is simply no need for a massive bureaucratic government effort on something the market deems is not yet necessary. When the market wants it, it will get done, and it will be done better and cheaper.

Have a little faith in the market, brother.
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